News Search

SAM Headline News

HEADLINE NEWS

FEATURED STORY

  • Pacific Group Resorts, Inc. Submits Top Bid for Jay Peak at $76 Million

    PGRI president and CEO Vern Greco shares his thoughts on the acquisition with SAM. SAM Magazine—Jay, Vt., Sept. 8, 2022—Pacific Group Resorts, Inc. (PGRI) made the highest and best final bid to buy Jay Peak, $76 million, following an auction with multiple bidders. PGRI president and CEO Vern Greco told SAM that after three years spent pursuing the acquisition, PGRI is poised to bring renewed stability to the resort and its staff, and tap into its passion and energy. The prevailing bid remains subject to approval by the United States District Court in Southern Florida during a final hearing scheduled for Sept. 16. Judge Darrin P. Gayles, who has presided over the receivership in federal...

    Read More

Get SAM Headline News delivered to your inbox. It's not just another email—it's industry news and special reports that matter to you, coming from the industry's trusted resource. 

GetNewsButton

 

 HEADLINE NEWS - Ski Area Management

A Full Helping of Open Resorts for Thanksgiving Weekend

SAM Magazine—Dover, Vt., Nov. 22, 2016—Less than a week ago, the news about resort openings was a little bleak, with only a handful of areas able to start their jiminy esizeseason and several others postponing until winter weather showed up. Since then, temps have dropped, snow guns have fired up, and natural snow has accumulated at mountain resorts from coast to coast. For a majority of the continent, winter has arrived.

 HEADLINE NEWS - Ski Area Management

SIA 2016 Retail Report Numbers Reflect Weather Patterns

SAM Magazine—Park City, Utah, Nov. 22, 2016)—Snowsports Industries America just released its annual Snow Sports Market Intelligence Report, detailing the SIAlogo emailsizeperformance of snow sports-related retail sales in North America.

 HEADLINE NEWS - Ski Area Management

Momentum Continues for Western Winter Bookings

SAM Magazine—Denver, Nov. 18, 2016— As of Oct. 31, advance reservations are up 6.6 percent and revenues are up 13.3 percent for the six months that includes arrivals from November through May compared to the same time last year, according to research firm DestiMetrics. Cooler weather and stories of snow falling in the mountains have traditionally been drivers for winter vacation bookings, but the absence of those drivers during a mild autumn didn’t negatively affected bookings at western mountain destinations for the 2016-17 winter season.

 HEADLINE NEWS - Ski Area Management

More Resorts to Open, Others Further Delayed

SAM Magazine—Dover, Vt., Nov. 17, 2016—A handful of North American ski areas plan to open in the next couple days, but winter weather remains elusive for much of the continent. Even resorts that still list tomorrow as their opening day haven’t published details about what will be open and when, which is a mtrose esizetestament to the marginal conditions many are experiencing.

 HEADLINE NEWS - Ski Area Management

Ski and Snowboard Expos Stir Winter Excitement

SAM Magazine—Boston, Mass., Nov. 16, 2016—Thousands of snowsports enthusiasts nationwide have attended a handful of pre-season ski shows in search of great deals, info on what’s new, and of course, stickers.bostonexpo esize

 HEADLINE NEWS - Ski Area Management

U.S. Ski and Snowboard Hall of Fame Unveils Class of 2016

SAM Magazine—Boston, Mass., Nov. 15, 2016—The U.S. Ski and Snowboard Hall of Fame class of 2016 includes 10 individuals who have all had a major impact on the industry.

 HEADLINE NEWS - Ski Area Management

Copper Mountain and Powder Mountain to Offer Reciprocal Benefits to Passholders

Sam Magazine—Copper Mountain, Colo., Nov. 11, 2016—In another partnership between two unaffiliated resorts, Powder Mountain in Utah and Copper Mountain in Colorado are offering three free dayspowdermtn esize of lift access to each other’s season passholders. This reciprocal benefit comes at no extra cost.

 HEADLINE NEWS - Ski Area Management

Outdoor Retailer Shakes Up Winter Show Schedule

SAM Magazine—Salt Lake City, Utah, Nov. 11, 2016—The retail buying shows, which have gone through some schedule changes lately, are poised for more. The Outdoor Retailer (OR) winter and OR 2014summer shows will move to new dates in 2018, and each show will split into “early” and “late” shows.

 HEADLINE NEWS - Ski Area Management

Snow People - November 2016

Welcome to the November edition of Snow People, our monthly roundup of happenings to prominent ski industry and supplier personnel.

 HEADLINE NEWS - Ski Area Management

Mammoth and Loveland to Open as Weather Delays Others

SAM Magazine—Dover, Vt., Nov. 9, 2016—At the beginning of this week, nearly ten more North American ski areas—from Alberta, Canada, to New Mexico—had planned to open forloveland emailsize the season on Thursday, Friday, or Saturday. Now, only two remain—Loveland, Colo., and Mammoth, Calif.

 HEADLINE NEWS - Ski Area Management

The Ski Season Has Begun, Sort of

SAM Magazine—Dover, Vt., Nov. 4, 2016—When Arapahoe Basin opened for the season on Oct. 21, it was cold and snowy in many parts of the country. It seems that more ski areas were bound to also open shortly after. Right? Not if Ma Nature had anything to say about it. Which she did.

 HEADLINE NEWS - Ski Area Management

Ski Dazzle Seattle Show Canceled

SAM Magazine—Seattle, Wash., Nov. 3, 2016—For the last few months, political advertisements have flooded the media, taking up most of the advertising inventory at premium rates. An unusual victim of this ad frenzy was the Ski skidazzle emailsizeDazzle Seattle Ski and Snowboard Show, which was cancelled because the promoters couldn’t afford spots on TV, radio, and in newspapers. The event was scheduled for Nov. 5 and 6.

 HEADLINE NEWS - Ski Area Management

CNL Lifestyle Properties to Sell 15 Ski Resorts, Other Properties [UPDATE]

SAM Magazine—Kansas City, Mo., Nov. 3, 2016—CNL Lifestyle Properties has entered into a purchase and sale agreement for its portfolio of waterparks, amusement parks and small family entertainment centers, along with its 15 CNL Lifestyle emailsizeski resorts.

 HEADLINE NEWS - Ski Area Management

Peak Resorts Completes $20 Million Placement of Preferred Stock and Warrants

SAM Magazine—Wildwood, Mo., Nov. 3, 2016—Peak Resorts, has completed its previously announced private placement of its Series A cumulative convertible preferred stock and warrants to purchase common stock to CAP 1 LLC, a peak resorts logofamily client of Summer Road LLC.

 HEADLINE NEWS - Ski Area Management

Non-Profit Group to Take Over Saddleback

SAM Magazine—Rangeley, Maine, Oct. 27, 2016—The ongoing ownership conundrum of Saddleback Mountain, Maine’s third-largest ski area, could be coming to an end. A group of local business owners and Saddleback season Saddleback emailsizepassholders have formed Saddleback Community Mountain Resort LLC, with the intention of purchasing the ski area from the Berry family and turn it into a community owned non-profit enterprise.